Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.32

-5.6%

Jan 30 9:30 AM EST

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To: Kumar Nathan who wrote (4961)	5/29/1997 2:38:00 PM
From: Joe Donato	of 70976

More bits to the picture, added from an electronic news service: "With the exception of Hitachi Ltd., Japan's five major semiconductor and computer manufacturers have announced their fiscal 1996 earnings results. The earnings generating ability of each company's semiconductor operations was a major determining factor in last term's figures, and it will have a big impact this term as well. Pulling together information provided by the companies and the research conducted by securities analysts, it appears that on a consolidated basis, NEC Corp. was the only company to show an operating profit on semiconductors. The company earned about 30 billion yen (about 257.9 million dollars). Mitsubishi Electric Corp. is believed to have lost about 70-80 billion yen in semiconductors. The estimated operating losses for Fujitsu Ltd. were 30-40 billion yen, and Toshiba Corp. and Hitachi are estimated to have lost 5-20 billion yen."

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